Nov 26, 2012 11:30pm PST
to try to work for a deal to try to avoid the fiscal cliff. if there's no action by the new year some existing tax cuts will be filed. but finding consensus between republicans and democrats will not be easy. >> as president eisenhower said there will have to be compromises. and seeking compromises is the only way forward. >> some gop lawmakers now say they'll have to put the pledge aside for the good of the country. >>> on wall street the markets remained fixed. the dow dropped 42 points, the nasdaq gained nine. >> tonight at 10:30, the jitters the fiscal cliff is causing on wall street and how some investors are deciding to take action now and not wait. >>> the bay area's storm door is about to swing wide open. the first in the series of wet weather is due to arrive tomorrow morning. we start in the weather center with chief meteorologist bill martin. bill. >> julie, a series of storms set to affect the bay area not that atypical for this time of year. but it is going to be a wet weather pattern that is going to take us into early next week. look at the activity in the pacific, it'
Nov 26, 2012 7:00pm PST
, to look over the so-called fiscal cliff. some existing tax cuts will expire. that could slow the economy or even move it back into recession. up until now, republicans have been unwilling to consider raising taxes, something that democrats say has to change. >> as president eisenhower says, there will have to be compromises and seeking the middle of this rote isn't just acceptable, it's the only way forward. >> most republicans signed a pledge to never raise taxes, but gop law makers say that now they'll have to put that pledge aside for the good of the nation. >>> on wall street, the markets.finished mixed, nasdaq gained nine, apple leading the way up 8%. >>> shareholders. some analysts had suggested that investigators are underestimate's facebook's growth potential from ad revenue. the stock gained 8% today but is still well below its public offering price. six months ago, the company went public with an ipo price of $38 a share. >>> securities and exchange commission. walters who's a democrat serves as a democrat, she takes over for mary shapiro, shapiro leaves next month in the wake
Nov 27, 2012 7:00pm PST
're meeting is scheduled for the first week in december. >> the fiscal cliff loomed large on wall street. the stocks delined a mist concerns. dough fell 89 point. retailers boasting record sales for sign or monday. a survey shows online sales rhodes 30%. compared to same lime last year. that make it is the biggest online shopping day ever. researchers sate number of people shopping with their smart phones jumped more than 70%. >> a new program is giving potential home inners neither bay area some home. officials in oakland this morning to announce city lift fm. offers down payment assistance. the program a joint effort betweenwells for a foe and the unity council to revitalize neighborhoods. >>> a great holiday season experience 250 families are going tote to get a $20,000 down paint towards stabilizing many of the neighborhoods in oaklandened surrounding cities. >>> city lift fm applies to potential home buyers. anyone interested can aplay at workshop at oakland convention center on the 7th and 8th. >>> the hell rate ised broadcast cancer risk here seems not ton so much special what hap
Nov 25, 2012 11:30pm PST
up the challenge the 1996 defensive marriage act. >>> in washington the looming fiscal cliff is topping the news. >> for the good of the country only if democrats will do entitlement reform. >> without a bipartisan plan, bush era tax cuts will expire. congressional leaders expect another face to face meeting with president obama as soon as this week. >> republican senator john mccain backed off from fiery criticism of susan rice about the 9/11 attack against the u.s. diplomatic post in benghazi libya. >> i think she deserves the ability to explain herself and her position just as she said. but she's not the problem. the problem is the president of the united states who on -- in a debate with mitt romney said that he had said it was a terrorist attack, he hadn 't. >> rice has maintained she based her statements on protesters on cia intelligence available at the time. four americans including u.s. ambassador to libya chris stevens were killed. >>> police are making progress in recovering some 2 million donations made to the salvation early. police in toronto said earlier in the